The Christian Science Monitor announced back on October 28, 2008 that the newspaper would shift from print to online completely in April 2009, however tomorrow will be the newspaper's last print edition.
Today it was announced that the New York Times Company laid off 100 employees and cut salaries by 5% for the rest of the year to all nonunion workers. Those workers will receive an additional 10 days off.
Connected with the Times is The Boston Globe, which reported in the Boston Herald, 24 employees accepted buyouts, but that won't be enough to save peoples' jobs as Globe spokesman Bob Powers said that "if there are fewer than 50 buyouts, unfortunately, we would need to lay people off."
The Worcester Telegram & Gazette, which is also connected with the Times is getting a 2.5% nonunion workers paycut with five addition days off.
The Washington Post has also launched another buyout attempt, its fourth since 2003 as they are trying to cut costs as well. Bob Woodward was the lastest victim last year taking the buyout.
Last month the Boston Herald announced they would be cutting 20 jobs. Also in the mix the Seattle Post-Intelligencer and Rocky Mountain News closed its print edition doors.
It doesn't appear that this nightmare is about the end any time soon.
This has been said before, but it's a race to who is going to fold next.
